Interest on house property

we have to make two calculations i.e., income from self occupied property and income from let out property and have to divide the interest amount equally.

The deduction u/s 24b for self occupied property is allowed maximum upto RS.200000/- only(from ay 2015-16).

For Letout Property, there is no limit to claim deduction u/s 24b i.e., entire amount of interest paid can be taken as deduction.

for example, as you said I am taking 800000/- as interest paid.

it has to be divided equally i.e., 400000/- each

for self occupied property, annual value will be nil and deduction u/s 24b is restricted upto maximum of 200000/- only.

for let out property, calculate annual value and take the entire amount of 400000/- as deduction u/s 24b.

so out of 800000/- amount of interest, only 600000/- can be taken as deduction u/s 24b.

please correct me if, I am wrong

1. You can claim 1/3rd of interest Rs.2,66,667 subject to limit of Rs.2 lacs in case of self occupied property.
2. For the let out property, you can claim 2/3rd (Rs.5,33,333) without any limit
3. Thus total deduction: Rs.7,33,333/-
4. This is assuming that all 3 floors are of same area.

sir you have to treat every floor as independent property 
now you had 3 property 
so devide in perportion 
: thts 800000*1/3  max to 200000
for reming property which are let out can be calim without any max limit which is 800000*2/3=533333

in  total you can claim 753333 as interest deduction

733333 is correct